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Category Archives: DApps

Commonwealth Bank to allow Crypto Trading for Aussies, but will other financial institutions follow?

crypto aust

The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin. The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app. The CBA will become the first bank in Australia to support crypto, […]

Thinking about trading in November? Well, Institutional Managers bought $2B worth of Bitcoin in October

Institutional managers Crytocurrency scaled

Institutional inflows into Bitcoin (BTC) products picked up sharply in October, underscoring renewed bullish sentiment surrounding the flagship cryptocurrency.  Crypto investment products saw inflows totaling $288 million for the week ending Oct. 31, with Bitcoin accounting for $269 million, according to CoinShares’ weekly flows report. Institutional demand for BTC has been picking up gradually over the […]

House passes $1T bill, a crypto tax for President Biden’s approval, what this means for November?

USA Crypto Biden Tax scaled

The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage. The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens. […]

Crypto​.com is growing fast in America!

cryptoapp

The exchange’s app was also the third most downloaded on the U.S. Apple App Store last week but has since fallen to twentieth. Cryptocurrency exchange Crypto.com now tops the charts as the most downloaded app for the U.S. Google Play Store across all categories. According to the most recent list of Google Play Store’s top […]

BTC demand is keeping up with increasing activity from whales this week

crypto whales

Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week. As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in recent days. Whale coins find a new home A familiar event but with curious timing — large-volume holders […]

The Metaverse, will it be a decentralized haven?

meta and crypto

Facebook rebranded to Meta and announced its plans to kickstart the development of the Metaverse — an entirely new way of interacting and navigating the internet. Now, the Metaverse landscape has a multi-billion dollar corporate behemoth vying for the helm, which has made its future all the more uncertain. Whether we like it or not, major […]